commerce daily notes

10/06/2020

treasury bill market-trading of treasury billls

treasury bill-issued by the gov(central govt or state,rbi) for meeting short term money requirement 3types(91,1821yr..) this bill is very populr and also has high liquidation

(no interest but discount) no risk !! it is issued only in discount and not by interest sometimes this bill is traded in he secondary market

11/06/2020

tab basis-issued for original value but sold for discount(profit)

money at call or call money or inter bank dealing:

only for one day very short and for discount

short notice- within 14 days repay time

commercial bill-issued by the commercial org promisory note, discount based,(30,60,90),